India is one of the world’s largest exporters of leather and leather products, contributing significantly to the global trade market. With a rich heritage in craftsmanship and a robust manufacturing sector, the Indian leather industry continues to thrive, catering to international demand. In this blog, we will explore the latest trends, key statistics, top markets, and government policies affecting leather exports from India.

Global Leather Trade Overview

The global leather industry is a multi-billion-dollar market, with countries like China, Italy, and Vietnam leading in production and exports. According to global import export data provider, the demand for high-quality leather goods remains strong, with footwear, bags, and accessories dominating trade. India plays a crucial role as a key supplier of finished leather products.

India’s Leather Export Trade Performance

India’s leather exports have shown resilience despite global economic challenges. As per import export trade data, the total leather exports for 2023-24 are estimated at $4.5 billion, marking steady growth compared to previous years. The industry benefits from skilled labor, competitive pricing, and government support.

Top Leather Products Exported from India

1. Footwear & Footwear Components – Largest export category, contributing ~40% of total leather exports.
2. Leather Garments & Accessories – Jackets, gloves, and belts are in high demand.
3. Leather Goods – Wallets, handbags, and travel accessories.
4. Finished Leather – High-quality processed leather used in luxury products.
5. Saddlery & Harness – Equestrian and industrial leather products.

Top 5 Countries Importing Indian Leather

India exports leather products to over 100 countries. The top 5 importers (based on import export data provider reports) are:

1. USA – Largest buyer of Indian leather footwear and accessories.
2. Germany – Major importer of high-end leather goods.
3. UK – Strong demand for premium leather products.
4. Italy – Imports finished leather for luxury brands.
5. France – Key market for leather fashion items.

Top 5 Buyers & Suppliers in the Leather Trade

Top Global Buyers of Indian Leather

1. Clarks (UK) – Leading footwear brand sourcing from India.
2. Decathlon (France) – Imports sports leather goods.
3. Puma (Germany) – Sources footwear components.
4. Coach (USA) – Buys premium leather accessories.
5. H&M (Sweden) – Procures leather garments.

Top Leather Suppliers in India

1. Farida Group – Major footwear exporter.
2. Mirza International – Known for brands like Red Tape.
3. Khadim India Ltd – Leading leather footwear supplier.
4. Pepsi India (Leather Division) – Exports finished leather.
5. Aero Club (Woodland) – Supplies outdoor leather products.

Top Export/Import Companies in India

Several Indian companies dominate leather exports, while some specialize in importing raw materials.

Leading Exporters:

• Farida Group (Footwear)
• Mirza International (Finished Leather)
• Khadim India Ltd (Footwear & Accessories)

Leading Importers:

• Tata International (Raw hides & chemicals)
• Sree Leathers (Processed leather imports)

Global Trade Issues Affecting Leather Exports

1. Economic Slowdown in Europe – Reduced demand from key markets.
2. Rising Raw Material Costs – Higher prices of hides and chemicals.
3. Supply Chain Disruptions – Shipping delays impact deliveries.
4. Environmental Regulations – Stricter norms on tanning processes.
5. Competition from Bangladesh & Vietnam – Lower labor costs attract buyers.

HSN Code for Leather Products

The Harmonized System Nomenclature (HSN) codes for leather exports include:

• 4101-4103 – Raw hides & skins
• 4203 – Leather apparel & accessories
• 6403 – Leather footwear
• 4202 – Travel goods & handbags

Government Policies Boosting Leather Exports

1. Lifting Port Restrictions on Leather Exports

The Indian government recently removed port restrictions, allowing exporters to ship leather goods from any major port. This move reduces logistics costs and speeds up shipments.

2. Import Checks on Cabinet Hinges

To protect domestic manufacturers, the government has imposed stricter import checks on cabinet hinges and other hardware used in leather goods. This ensures quality control and supports local production.

Conclusion

India’s leather export industry remains a vital part of the global trade network. With strong demand from the USA, Europe, and other regions, the sector is poised for growth. Government initiatives, coupled with competitive pricing and quality craftsmanship, will further strengthen India’s position as a leading leather exporter. For businesses looking to explore this market, leveraging india import export data from reliable global import export data providers can provide valuable insights.

By staying updated on trade policies, market trends, and buyer preferences, Indian leather exporters can continue to thrive in the competitive global marketplace.